Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Solar AI Startup Cosmos Innovation Raises $19.7 Million

Solar AI Startup Cosmos Innovation Raises $19.7 Million

Cosmos Innovation, a solar AI tech solutions firm, has raised $19.7 million in Series A funding led by Xora Innovation, an early-stage, deep-tech investment platform of Temasek, a global investment company headquartered ...
/ Solar
EV Charging Firm Erapid Raises $32 Million to Expand Charging Network in Ireland

EV Charging Firm Erapid Raises $32 Million to Expand Charging Network in Ireland

Erapid, a provider of electric vehicle (EV) charging solutions, has raised €30 million (~$32 million) from Aviva Investors, the global asset management business of Aviva. As part of its Climate ...
/ Smart Grid
Opdenergy Secures $252 Million Project Financing for 260 MW of Solar Projects

Opdenergy Secures $252 Million Project Financing for 260 MW of Solar Projects

Opdenergy, an independent renewable energy producer, closed a $252 million project financing package for two solar projects in the U.S. The first solar project, “Blake,” located in Jefferson County, West ...
/ Solar
DWS Acquires 147 MW Solar Project Portfolio in Spain

Grenergy Sells 300 MW of Solar Projects in Spain

Grenergy, an independent solar and wind power producer, agreed to sell two solar projects of nearly 300 MW capacity in Spain to Allianz Capital Partners on behalf of Allianz insurance ...
/ Solar
Elawan Energy Secures $163 Million for Renewable Project Portfolio in Spain

Spearmint Energy Secures $92 Million Tax Equity Financing for Energy Storage Project

Spearmint Energy, an energy storage project developer, announced the successful closure of a $92 million tax equity investment for a 150 MW/300 MWh battery energy storage project in West Texas ...
/ Storage